Tokai Carbon Coltd Sustainability Profile
Tokai Carbon Co., Ltd., headquartered in Japan, is a leading player in the carbon and graphite industry, renowned for its innovative solutions and high-quality products. Established in 1918, the company has expanded its operations across various regions, including Asia, Europe, and North America, solidifying its global presence. Specialising in the production of carbon black, graphite electrodes, and other carbon-based materials, Tokai Carbon stands out for its commitment to sustainability and advanced technology. The company has achieved significant milestones, including the development of eco-friendly products that cater to the evolving needs of industries such as steel manufacturing and electronics. With a strong market position, Tokai Carbon is recognised for its exceptional quality and reliability, making it a preferred choice among clients worldwide. Its dedication to research and development continues to drive innovation, ensuring that it remains at the forefront of the carbon industry.
DitchCarbon Score
How does Tokai Carbon Coltd's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Business Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Tokai Carbon Coltd's score of 85 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tokai Carbon Coltd's reported carbon emissions
In 2024, Tokai Carbon Co., Ltd. reported total carbon emissions of approximately 1,745,000,000 kg CO2e for Scope 1, 287,000,000 kg CO2e for Scope 2, and 1,800,000 kg CO2e for Scope 3, specifically from the processing of sold products. The combined total for Scope 1 and Scope 2 emissions reached about 2,032,000,000 kg CO2e. The company has set ambitious climate commitments, aiming for a 25% reduction in CO2 emissions by 2030 compared to 2018 levels, with a long-term goal of achieving carbon neutrality by 2050. This target applies to both Scope 1 and Scope 2 emissions, reflecting a comprehensive approach to reducing their carbon footprint. In 2023, Tokai Carbon's emissions were reported as 1,900,000,000 kg CO2e for Scope 1, 318,000,000 kg CO2e for Scope 2, and 1,444,000,000 kg CO2e for Scope 3, indicating a significant overall emission level. The company has consistently disclosed emissions across all three scopes, demonstrating transparency in their sustainability efforts. Tokai Carbon's commitment to reducing emissions aligns with industry standards and reflects a proactive stance in addressing climate change. The company is on track to meet its near-term reduction targets, as indicated by their progress reports.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 38,990,000 | 00,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 2 | 185,474,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 4,439,000 | 0,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000 |
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Tokai Carbon Coltd's Scope 3 Categories Breakdown
Tokai Carbon Coltd's Scope 3 emissions, which decreased by 100% last year and decreased by approximately 59% since 2016, demonstrating supply chain emissions tracking. Their carbon footprint includes supplier sustainability and value chain emissions data across Scope 3 categories, with "Processing of Sold Products" representing nearly all of their reported Scope 3 footprint.
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Tokai Carbon Coltd's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Tokai Carbon Coltd has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
